Switzerland’s mining and commodities giant, Glencore Plc (GLEN.L), is in talks to divest a majority stake in the Kamoto Copper Company (KCC) in the DRC, one of its largest African mining operations, amid cobalt export uncertainty, Bloomberg reported. Glencore Plc is negotiating the sale of a controlling interest in its Kamoto Copper Company (KCC) operation…
Ajayi Joshua Oluwatobi could have stayed in the comfort of Mercedes-Benz, where he rose fast and racked up awards. Instead, a recession pushed him to take a gamble: build an African car brand. Today, Nord is assembling vehicles for a market long dominated by Toyotas and Hyundais, and daring to imagine a road lined with…
The Trump administration said on Friday it would ask companies to pay $100,000 annually for each H-1B visa. The move could have a significant impact on the technology sector, which relies heavily on skilled workers from India and China. The Trump administration proposes charging $100,000 annually for each H-1B visa. This marks a significant shift…
France has suspended counterterrorism cooperation with Mali and expelled two Malian diplomats, the French foreign ministry said Friday. France has suspended counterterrorism cooperation with Mali over diplomatic tensions. A French national detained in Mali was accused of espionage, allegations rejected by France. This incident highlights the deteriorating France-Mali relations since Mali’s junta turned to Russia…
In an African country where diesel costs stay low, the influence extends well beyond the filling stations. Low diesel prices play a crucial role in sustaining agricultural operations and food transportation in Africa. Affordable fuel significantly benefits small and large businesses by reducing operational costs and enabling growth. Governments leverage low diesel costs to control…
Aliko Dangote is turning his attention beyond manufacturing with plans to integrate electric trucks into the Dangote Group’s fleet, a multi billion dollar push that positions his empire at the forefront of Africa’s clean energy shift. Aliko Dangote, Africa’s wealthiest individual, is advancing by introducing electric trucks through his conglomerate, Dangote Group. This initiative aligns…
Apple’s iPhone 17 has officially gone on sale, and as always, there’s a lot of excitement across Africa. Many people have been waiting months for its release, but one of the first questions buyers ask is: how much does it cost where I live? The price of the iPhone 17 is not the same everywhere.…
While China, India, and the U.S. chase Africa’s critical minerals, Singapore has set its sights on something different — carbon offsets. Singapore is focusing on carbon offsets in Africa to balance emissions and support climate goals. Carbon offsets are created through projects like reforestation and clean energy initiatives. Singapore aims to establish itself as Asia’s…
Government officials from both South Africa and the United States are set to engage in high-level discussions concerning their bi-lateral trade. Parks Tau, the South African Trade Minister recently met with U.S. Trade Representative Jamieson Greer to further conversations on mending their trade relationship. Since assuming office, the Donald Trump administration has championed an “America…
